RBI Unveils Rs 1.1 Lakh Crore Lifeline To Ease Liquidity Woes: A Boost To Economy?

rbi | Jan 30, 2025

India’s banking system has been in a plight of liquidity deficit since late 2024 which is driven by higher c..

SBI Hikes Short-Term Deposits' Interest Rate By 50 Basis Points

Business | Dec 28, 2023

The State Bank of India (SBI), India"s largest public sector bank, has decided to hike interest rates on its short-term fixed deposit..

Banks Face Liquidity Deficit of Rs 1.5 Lakh Crore

Business | Sep 21, 2023

Banks are grappling with a liquidity deficit of nearly Rs 1.5 lakh crore due to advance tax payments and preparations for GST remitta..